Egyptian billionaire unveils solution to migrant crisis: “I could give them a new country, it costs me up to 100 million dollars”

Egyptian billionaire, Naguib Sawiris, has come up with a new idea which might simply solve the Europe’s migrant crisis. He asks Italy or Greece to sell him an island, which he would offer to the refugees in order to build a new country.

Egyption tycoon proposed solution to migrant crisis

Egyption tycoon proposed solution to migrant crisis

Having businesses in the telecommunications industry, Sawiris has a fortune estimated at $2.9 billion. He expressed willingness to buy an island in the Mediterranean Sea with his own money, and then donate it to the immigrants.

“Greece and Italy sell me an island, I will call its independence and host the migrants and provide jobs for them building a new country “, wrote the Egyptian magnate on his Twitter page.

Asked by France Press to provide details of his plan, Sawiris said: “Of course it is feasible. You have dozens of islands that are deserted and could accommodate hundreds of thousands of refugees.”
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He noted that an island that belongs to Greece or Italy would cost between 10 and 100 million dollars.

At this point is not clear whether any of the governments of the two countries will take seriously the billionaire’s proposal, writes Huffington Post.

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